Lloyd Bonafide
Senior Member
- Joined
- Jan 15, 2006
- Professional Status
- Certified Residential Appraiser
- State
- California
It reminds me of something funny that happened to me 2 weeks ago. I appraised a home for FHA about a year that had security bars without a release. I made the report subject to repairs. I went out a couple weeks after, the bars were removed, I took photos and submitted the report.
2 weeks ago I was doing an appraisal in the neighborhood and drove by that house. The bars were back on the windows. I turned around and drove by it again just to make sure. I got back to the office and double checked the report to make sure I had photos with the security bars removed.
This is going back maybe 15 years, but at least in this area HUD specifically would not allow bedroom security bars to be removed, just for the reason you explained. They insisted that quick releases be installed. They knew that when security bars were removed, that the homeowner might put the unsafe bars back on the window right after the loan was closed.